ICMA Exam SOFQ Topic 2 Question 11 Discussion

Actual exam question for ICMA's SOFQ exam

Question #: 11
Topic #: 2

The number of days of accrued interest, and the cash value of accrued interest - on a trade of USD 45,000,000 World Bank 4.37% Bonds 1st December 2032, paying interest semi-annually on 1st December and Ist June, trade date 22~d October, value date 25tl October, is:

A144 days and USD 786,600.00

B174 days and USD 950,475.00

C141 days and USD 770,212.50

D171 days and USD 934,087-50

Show Suggested Answer

Suggested Answer: A

by Rolande at Aug 23, 2022, 04:37 PM

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